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CC Resolution No. 4304.06 , YJJML:KIJ:v 10-27-76 T1- 9-?6 RESOLUTION N0. 4304.6 ~ ~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO CALLING FOR SEALED PROPOSALS AND FIXING LI~UIDATED DAMAGES FOR FAILUR.E T0 COhiPLETE THE WORK WITHIN TIME SPECIFIED ~ NOftTH DE ANZA BOULEVARD ASSESSMENT DISTRICT N0. ?6-14 ~ ~ RESOLVED, by the City Council of the City of Cupertino, California, that ~ WHEREAS, tne City Council did, o~ the 2nd day of November, . 1976, adopt its Resolution of Intention No. 4304 to order~the ac- quisition of lands and easements, relocation of street as cul-de-sac and the wideninb and improving of streets by grading, removal of trees, bushes and existing structures and the construction of base pavement, wearing surface, Portland cement concrete curbs and gutters, storm drain pipes and appurtenances, underground electric, gas and telephone facilities and appurtenances, bus stop shelter, landscap- ~ ing and irrigation improvements, street and traffic signa.lization, water mains, vaTves, hydrants a.nd appurtenances and all auxiliary work ~ appurtenant thereto in said City, all as more particularly described . and set forth in said Resolution of Intention; NOW, THEREFORE, the City Clerk is hereby directed to ~ publish once a week for two weeks in the Cupertino Courier, a newspap.er published and circulated in said City, a notice invit- ing sealed proposals or bids for the construction of said improve- ments, and referring to the plans and specifications on file in the office of said City Clerk, the first publication of which ~ notice shall be at least fourteen days prior to the time fixed for opening bids. All proposals or bids shall be accompanied by cash, a ~ cashier's or certified check payable to the order of the City Clerk amounting to ten percent of the bid, or-by a bond in said amount and payable to said Clerk signed by the bidder and a corporate surety or by the bidder and two sureties who shall justify before ~ any officer competent to administer an oath, in double said amount a.nd over and above all statutory exemptions. The amount so posted shall.be forfeited to said Clerk in case the bidder depositing the same does not, within fifteen days after written notice that the contract has been awarded to him, enter into a contract with the City. ~ It is hereby determined that in the event. the. con~tractor, . contracting owners included,.does not complete the work within the time limit specified.in the proposed contract or within such further time as this Council shall have authorized, the con_tractor or con- tracting owners, as the case may be, shall pay to the City liquidated damages~in the amount of ~ Fifty dollars • ) per day for • each and every day's delay in finishing the-work beyond the comple-. ~ tion date specifie~d in said contract. Additional provisions.with regard to said time of completion and liquidated damages are set ~ ~ forth in the specifications, which provisions are hereby referred to and incorporated herein by reference. . Said sealed proposals or bids shall be delivered to the City G~lerk on.or before ~ 2:00 o'clock. P.M. on the 15th day of December , 1976, said time being no.t less than fourteen days from the time of the first publication of said.notice. Bids will be publicly opened, examined and declared on said day an d hour . PASSED AND ADOP~ED at a regular.meeting of the City Council of the City of Cupertino this 16th day of November, 1976, by the . fbllowing vote: Vote Members of the City Council - AYES: Frolich, Jackson, Nellis, 0'Keefe, Meyers NOES : None ABSENT : None ABSTAIN: None . . APPROVED: - ' /s/. Robert W. Meyers Mayor, City of Cupertino ATTEST: ~ /s/ Wm. E. Ryder. City Clerk ~ -2-